JAGTX vs. VITAX

Last updated Aug 4, 2026

JAGTX (Janus Global Technology and Innovation Fund) and VITAX (Vanguard Information Technology Index Fund Admiral Shares) are both Technology Equities funds. JAGTX is actively managed, while VITAX is passively managed. Over the past 10 years, JAGTX returned 23.63%/yr vs 24.06%/yr for VITAX. Their correlation of 0.94 means they have usually moved in the same direction. JAGTX charges 0.93%/yr vs 0.09%/yr for VITAX.

Performance

JAGTX vs. VITAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Global Technology and Innovation Fund (JAGTX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with JAGTX having a 21.17% return and VITAX slightly lower at 20.41%. Both investments have delivered pretty close results over the past 10 years, with JAGTX having a 23.63% annualized return and VITAX not far ahead at 24.06%.

JAGTX

• 1D: 2.48%
• 1M: -4.00%
• 6M: 19.24%
• YTD: 21.17%
• 1Y: 30.46%
• 3Y*: 34.05%
• 5Y*: 16.83%
• 10Y*: 23.63%
• ALL TIME*: 12.77%

VITAX

• 1D: -0.37%
• 1M: -1.37%
• 6M: 20.46%
• YTD: 20.41%
• 1Y: 34.82%
• 3Y*: 26.49%
• 5Y*: 17.82%
• 10Y*: 24.06%
• ALL TIME*: 14.78%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JAGTX Janus Global Technology and Innovation Fund	$0.00	$0.00	$0.00
VITAX Vanguard Information Technology Index Fund Admiral Shares	$0.00	$0.00	$0.00

JAGTX vs. VITAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JAGTX Janus Global Technology and Innovation Fund	21.17%	24.86%	47.04%	55.16%	-37.69%	17.39%	51.00%	45.08%	0.78%	44.62%
VITAX Vanguard Information Technology Index Fund Admiral Shares	20.41%	21.78%	29.26%	52.69%	-29.67%	30.36%	45.93%	48.72%	2.51%	37.07%

Correlation

The correlation between JAGTX and VITAX is 0.92, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.92
Correlation (3Y) Balances recent behavior with more history.	0.94
Correlation (5Y) Shows whether the relationship held over a longer period.	0.95
Correlation (10Y) Provides a long-term view across more market conditions.	0.95
Correlation (All Time) Calculated using the full available price history since Feb 2, 2004	0.94

The correlation between JAGTX and VITAX has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.

Return for Risk

JAGTX vs. VITAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JAGTX

JAGTX Risk / Return Rank: 30
JAGTX Sharpe Ratio Rank: 29
JAGTX Sortino Ratio Rank: 28
JAGTX Omega Ratio Rank: 29
JAGTX Calmar Ratio Rank: 32
JAGTX Martin Ratio Rank: 32

VITAX

VITAX Risk / Return Rank: 40
VITAX Sharpe Ratio Rank: 41
VITAX Sortino Ratio Rank: 38
VITAX Omega Ratio Rank: 37
VITAX Calmar Ratio Rank: 47
VITAX Martin Ratio Rank: 34

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JAGTX vs. VITAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Global Technology and Innovation Fund (JAGTX) and Vanguard Information Technology Index Fund Admiral Shares (VITAX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	JAGTX	VITAX	Difference
Sharpe ratio: Return per unit of total volatility	1.03	1.31	-0.28
Sortino ratio: Return per unit of downside risk	1.49	1.82	-0.33
Omega ratio: Gain probability vs. loss probability	1.19	1.23	-0.03
Calmar ratio: Return relative to maximum drawdown	1.51	1.95	-0.44
Martin ratio: Return relative to average drawdown	4.93	5.24	-0.30

JAGTX vs. VITAX - Sharpe Ratio Comparison

The current JAGTX Sharpe Ratio is 1.03, which is comparable to the VITAX Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of JAGTX and VITAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JAGTX vs. VITAX - Drawdown Comparison

The maximum JAGTX drawdown since its inception was -84.57%, which is greater than VITAX's maximum drawdown of -54.81%. Use the drawdown chart below to compare losses from any high point for JAGTX and VITAX.

Drawdown Indicators

	JAGTX	VITAX	Difference
Max Drawdown Largest peak-to-trough decline	-84.57%	-54.81%	-29.76%
Max Drawdown (1Y) Largest decline over 1 year	-18.54%	-16.38%	-2.16%
Max Drawdown (3Y) Largest decline over 3 years	-23.94%	-27.38%	+3.44%
Max Drawdown (5Y) Largest decline over 5 years	-46.52%	-35.10%	-11.42%
Max Drawdown (10Y) Largest decline over 10 years	-46.52%	-35.10%	-11.42%
Current Drawdown Current decline from peak	-10.89%	-9.91%	-0.98%
Average Drawdown Average peak-to-trough decline	-39.63%	-8.01%	-31.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.65%	6.08%	-0.43%

Volatility

JAGTX vs. VITAX - Volatility Comparison

Janus Global Technology and Innovation Fund (JAGTX) has a higher volatility of 12.49% compared to Vanguard Information Technology Index Fund Admiral Shares (VITAX) at 8.42%. This indicates that JAGTX's price experiences larger fluctuations and is considered to be riskier than VITAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JAGTX	VITAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.49%	8.42%	+4.07%
Volatility (6M) Calculated over the trailing 6-month period	23.74%	20.17%	+3.57%
Volatility (1Y) Calculated over the trailing 1-year period	27.06%	24.34%	+2.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.89%	26.03%	+1.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.31%	25.12%	+0.19%

JAGTX vs. VITAX - Expense Ratio Comparison

JAGTX has a 0.93% expense ratio, which is higher than VITAX's 0.09% expense ratio.

Dividends

JAGTX vs. VITAX - Dividend Comparison

JAGTX's dividend yield for the trailing twelve months is around 11.30%, more than VITAX's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JAGTX Janus Global Technology and Innovation Fund	11.30%	13.69%	23.66%	0.78%	0.00%	16.05%	9.00%	8.62%	6.56%	7.50%	4.85%	8.12%
VITAX Vanguard Information Technology Index Fund Admiral Shares	0.38%	0.40%	0.60%	0.65%	0.91%	0.63%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both JAGTX and VITAX in my portfolio?

With a correlation of 0.92, JAGTX and VITAX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, JAGTX or VITAX?

JAGTX has higher volatility (12.49%) compared to VITAX (8.42%). In terms of maximum drawdown, JAGTX dropped -84.57% vs VITAX's -54.81%.

Which has better risk-adjusted returns?

VITAX currently has the higher Sharpe Ratio (1.31 vs 1.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.